High-Yield Fourplex Investment in Prime Smiths Falls LocationInvest in this affordable fourplex in the heart of Smiths Falls, ideally situated right in front of the train station, a prime location for tenants seeking convenience. Generating a gross income of $40,600 and a net income of $30,500, this property boasts a solid 6.11% cap rate, making it a smart addition to any investors portfolio. Great income generating property with potential for future value-add improvements, this is a fantastic opportunity to build wealth in an affordable and growing market.Don't miss out on this high-yield investmentcontact us today for more details or to schedule a viewing!
Address
56 Victoria Avenue
List Price
$474,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Smith Falls
Sub-Area
901 - Smiths Falls
County
Lanark
Lot Depth
66
Lot Type
Building
Lot Size Units
Feet
Lot Width
66
MLS® Number
X11968252
Listing Brokerage
RE/MAX HALLMARK REALTY GROUP
Postal Code
K7A 2P4
Tax Amount
$2,500.00
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
No
Garage Type
None
